The increasing demand for petroleum products in India and China is expected to drive the oil and gas refining and marketing industry. The global industry experienced robust growth during the last five years and is expected to continue its growth momentum, reaching approximately US $7,783 billion in 2017 with a CAGR of 6.7% over next five years (2012-2017). Lucintel, a leading global management consulting and market research firm, has analyzed the global oil and gas refining and marketing industry and presents its findings in "Global Oil and Gas Refining and Marketing Industry2012-2017:Trend, Profit and Forecast Analysis." The oil and gas refining and marketing industry is highly fragmented and includes segments such as petroleum products and natural gas. The Asia Pacific (APAC) region dominates this industry. Despite the effects of the recession, especially in regions such as Europe and North America, the growth in other areas such as China and India accelerated industry growth. The developing economies of India and China led to growth in demand for petroleum products and natural gas in the APAC region. A combination of factors such as price volatility, climate change concerns, and governmental regulations is seen to affect the industry dynamics considerably. Lucintel's research indicates that in 2011 the industry witnessed robust growth over 2010 because of increase in crude oil prices due to Arab Spring and civil war in Libya and demand growth in emerging markets, notably China and the Middle East. As the study indicates, GDP growth, increasing population, rising oil prices, demand from emerging economies, and an increase in use of natural gas for electricity generation worldwide are anticipated to boost the industry. The industry is expected to face certain challenges such as increased regulatory environment; price volatility; geopolitical instability; health, safety and environmental risks; climate change concerns; and human capital deficit. The study provides an overview of the global oil and gas refining and marketing industry. The report tracks two market segments for four geographic regions; thus, it tracks eight segments of the industry. This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market's potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global oil and gas refining and marketing industry. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.

Features and Scope of this Report:

To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are as follows:

· Industry size estimates in terms of (US $) value and volume by regions and by segment